What you may be referring to is the capitalized interest that happens over the course of the aforementioned 18 months.

Happy to send it directly if someone wants to DM me.The guide is unattributed and has no promotional content other than on the last page there is a brief mention of the RI Coalition of Housing Providers (a landlord advocacy group which tried to work with the legislature to mitigate the challenge of this new law) and RI Real Estate Investors Group (a networking and education group that has educated RI landlords on new laws like this since 2003).Hopefully everyone reading this is already aware of this new law and has already submitted their info to the new registry!

As previously mentioned, stay away..

Good in the long term so I didn't have to worry about the utility bill but like you mentioned - high upfront costs and time consuming. - Equal Splitting (ratio utility billing) - What I've heard from lawyer friends who practice real estate law is a trending spike in resident issues.

The lawsuit you mentioned that was dismissed… I believe it was actually reinstated at the end of last year and is ongoing now.

I checked with my agent a few of the questions you mentioned.

The most common benefits a landlord can get from an arbitrage agreement are: reduced vacancy expense, decreased maintenance costs (most arbitragers agree to fix any damage done by guests), increased rent (most pay a premium), reduced number of hours managing the property (aka it's more passive)Some less common benefits, but still worth mentioning: Using the property to host their own guests at a lower rate during the "vacation season", Revenue sharing, arbitrage managing landscaping, and other management tasks. 

As I mentioned in my post, they are speaking with their tax professionals (and they both have lawyers). 

As mentioned previously you will want to make sure your agreement doesn't have absurd prepayment penalties.

I’m currently doing the process mentioned by @Travis Biziorek, and am super happy with the DSCR mortgage when I do.